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Business alliance5884KURADASHI.Co.,Ltd.Retail

(Progress Update on Disclosed Matter) Notice Regarding the Status of the Joint Venture with Tsuji Hongo Smart Asset Co., Ltd.

With respect to the joint venture with 辻・本郷スマートアセット株式会社, KURADASHI.Co.,Ltd. entered into an asset management agreement and a silent partnership investment agreement with 合同会社クラダシ・インベストメント, the entity responsible for carrying out the business. As a result, 合同会社クラダシ・インベストメント became a consolidated subsidiary of KURADASHI.Co.,Ltd., and the joint development and operation of 3 domestic grid-scale battery storage projects is now fully under way.

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Agreements reached under this partnership

Joint venture
5884KURADASHI.Co.,Ltd.
Alliance partnerName of partner
Details of the alliance
  1. 1

    Joint development and operation of domestic grid-scale battery storage facilities

  2. 2

    Promotion and expansion of domestic grid-scale battery storage

  3. 3

    Acceleration of the joint development and operation of grid-scale battery storage facilities

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Numerical targets under the alliance

Battery storage facility in Saitama Prefecture: 2MW / 8MWh; scheduled energization in October 2026, Battery storage facility in Gifu Prefecture: 2MW / 8MWh; scheduled energization in November 2026, Battery storage facility in Kumamoto Prefecture: 2MW / 8MWh; scheduled energization in May 2027

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

Ownership ratioKURADASHI.Co.,Ltd. 51.0% / Name of partner 49.0%
Overview of the joint ventureName Name / Location Shinagawa Ward, Tokyo / Business Description Installation, operation and maintenance of battery storage facilities, Transactions relating to the supply and sale of electricity from battery storage facilities, securing supply capacity, and balancing supply and demand, Acquisition, holding and disposal of equity interests in partnerships investing in the businesses listed above, or shares or equity interests in companies conducting such businesses, All other businesses incidental or related to the businesses listed above / Capital Contributions ¥100,000 / Ownership ratio KURADASHI.Co.,Ltd. 51.0%; 辻・本郷スマートアセット株式会社 49.0%
Impact on Business Performance

The impact of this matter on full-year consolidated results for the fiscal year ending June 2026, including the impact of other factors, is currently under review. If any matter requiring disclosure arises, it will be disclosed promptly.

Contract Date23 June 2026Alliance start date23 June 2026Share Acquisition Date and Payment Date29 June 2026 (予定)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerName of partner
Type of allianceJoint venture
Details of the allianceJoint development and operation of domestic grid-scale battery storage facilities, Promotion and expansion of domestic grid-scale battery storage, Acceleration of the joint development and operation of grid-scale battery storage facilities
Overview of the joint ventureName Name / Location Shinagawa Ward, Tokyo / Business Description Installation, operation and maintenance of battery storage facilities, Transactions relating to the supply and sale of electricity from battery storage facilities, securing supply capacity, and balancing supply and demand, Acquisition, holding and disposal of equity interests in partnerships investing in the businesses listed above, or shares or equity interests in companies conducting such businesses, All other businesses incidental or related to the businesses listed above / Capital Contributions ¥100,000 / Ownership ratio KURADASHI.Co.,Ltd. 51.0%; 辻・本郷スマートアセット株式会社 49.0%
Ownership ratioKURADASHI.Co.,Ltd. 51.0% / Name of partner 49.0%
Numerical targets under the allianceBattery storage facility in Saitama Prefecture: 2MW / 8MWh; scheduled energization in October 2026, Battery storage facility in Gifu Prefecture: 2MW / 8MWh; scheduled energization in November 2026, Battery storage facility in Kumamoto Prefecture: 2MW / 8MWh; scheduled energization in May 2027
Contract Date23 June 2026
Alliance start date23 June 2026
Share Acquisition Date and Payment Date29 June 2026 (予定)
Impact on Business PerformanceThe impact of this matter on full-year consolidated results for the fiscal year ending June 2026, including the impact of other factors, is currently under review. If any matter requiring disclosure arises, it will be disclosed promptly.
Items this document does not state (13)
Alliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioDispatch of directors and officersContract PeriodShareholding PolicyDate of board resolutionChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

KURADASHI.Co.,Ltd. entered into an asset management agreement with the limited liability company established to carry out this joint venture and will be responsible for the company's operations. The purpose is also to promote and expand the deployment of domestic grid-scale batteries and accelerate the joint development and operation of grid-scale battery storage facilities.

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(Progress Update on Disclosed Matter) Notice Regarding the Status of the Joint Venture with Tsuji Hongo Smart Asset Co., Ltd. | KURADASHI.Co.,Ltd. (5884) timely disclosure | Komori